Oberlin GE plant to mark final day
Nearly 200 workers at the GE Distribution and Control plant in Oberlin will be treated to steak and lobster as they bid farewell on Wednesday the plants last day of operation. Production for lighting panel boards and switchboards will move to GE plants in North Carolina with overhead costs and capacity reduced across the industry.
MENTIONED IN THIS ARTICLE
Oberlin GE
Oberlin
Robert Ladue
North Carolina
Ladue
King
Stanadyne
Creston Auction Sells 814 Livestock from 329 Consigners
Creston livestock sale reports 329 consignors yielding 814 head plus six goats and one horse. Hay sales include first cutting 380-8165, second cutting calf alfalfa 190, straw 75-80, round bales 18-32. Calves show mixed prices from 50 to 97, hogs and sheep clear at 22 to 61 per head.
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New York
NYSE
Slac
Selee Highlow
At&t
AmesOp
Sare Armlac
Anheus
Archon
Armick
Conrad
Contill
Ty Deere
Ette duPont
Eastat
Emisé
Exxon
Fcapha
IC Ind
Ai Intereo
BL Limited
Marion
Mead
Mellon
Ale Merck
Ty Navistr
NorTel
Bet Nova
Pactel
ParkOri
Bobr
Phizer
iBla Cy Pulghry
Ryder
Greston
Creston
Reagan to hear GOP views on plant closing bill
President Reagan weighs a veto on a 60 day notice requirement for plant closings as he meets with Republican leaders. White House aides say a veto seems likely but no final decision has been made before the Aug. 3 deadline.
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Ladue
Russell Rogat
Cleveland
Reagan
GOP
Washington
White House
Marlin Fitzwater
Kenneth Duberstein
Santa Barbara
Calif
State tax cuts popular this year see modest overall rise
States cut taxes more often than they raised them in 1988, with a net increase of 600 million across 27 states. The only large increases occurred in Arizona Louisiana and West Virginia, while South Dakota Utah and Kansas posted the biggest cuts. Income tax changes were limited to Arizona and Massachusetts.
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Washington
National Conference of Legislatures
Arizona
Louisiana
South Dakota
Utah
West Virginia
Kansas
Massachusetts
Iowa
Rhode Island
Tennessee
Eaton earnings fall after court ruling impacts polymer unit
Eaton Corp reports Q2 earnings down 19.7 percent to 46.6 million after a court judgment and the sale of its polymer products division. EPS drops to 1.87 from 2.16, with sales at 886.3 million. The California Court of Appeal upheld a 17.6 million award in a 1976 PKL suit involving Cutler-Hammer. Eaton plans to appeal to the California Supreme Court.
MENTIONED IN THIS ARTICLE
Cleveland
Eaton Corp
Polymer Products
Eaton
California Court of Appeal
PKL Liquidating Trust
Cutler-Hammer, Inc
PKL
Macrodata
Cutler-Hammer
Big ticket durable goods rise 8.8 percent in June
U S government data show durable goods orders up 8.8 percent in June led by a large aircraft surge. Transportation jumped 35.5 percent to 38.24 billion, with most gains from Boeing announcements and forthcoming deliveries.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
Boeing Co
Boeing
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GE Electrical Distribution
Mebane
N.C
Howard King
Thuan Tron
Ricoh Electronics Inc
Irvine
Ricoh
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Japan
U.S
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Llonel
Stortch
SunMn
Syntex
Andem
Tandy
Tennca
Texaco
OSCO
Oe Betny Usx
UnTech
Pietre R Smith & Co
Acme Cleve Allied Corporation
Ant
CPC Inter
Emerson
First Bancorp
Goodrich
Hills Dept of 2 Industries
Invacare Be
LCB Bancorp
Lesco Ine
LNB Bancorp
Nordson
Northern Savings
Oo Edison
PNC Corp
Parker Hannifin Qe Smucke
Sunrise Medical
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Woolworth
Able York International Ary
Creston Livestock
Fitzwater
House
Senate
Reno
Nev
California Supreme Court
C.D
Central Trust
C.d.’S
the Central Trust Company
Bank
FDIC
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Cincinnati
Ohio